The Investor Coaching Show with Paul Winkler

The Industry Builds Funds for Consumers Not for Investors

Today, Evan talks about how deeply large mutual fund companies and investment firms are stuck in a model that isn’t good for investors. These companies are not amateurs and have all the same research as PWI. They know that holding small U.S. and international companies offers higher expected returns than large U.S. companies, but they still largely ignore the highest respected returns of markets. Why? Listen along as Evan explains that the average investor only holds onto mutual funds for 3.4 years and that investment companies are creating products to pitch to consumers instead of offering funds for long-term investors that follow sound academic principles. Later in the episode, Evan talks about some of the options a client can consider when they have a REIT and are ready to get out of it.

 

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call. 

This Concept Explains Why You Can’t Look at 5 or 10 Year Track Records

Today, Paul explains a concept he calls a vortex that shows how dissimilar investments can be over one, three, five, and 10-year periods and what happens to the returns over longer periods. The industry is trained to use five- and 10-year track records to sell investments. Listen along as Paul teaches you why your portfolio should follow Nobel Prize-winning strategies, not investments with great short-term track records. 

 

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call. 

Mixing Money and Politics: Market Timing During an Election Season

Today, Paul and Evan talk about some changes that happened in the market because of news and speculation about a specific outcome in the elections on November 5th. Listen along as these two advisors break down how the news affects stock prices and why the investors trying to market time so close to an election are increasing their risk and stress by mixing money and politics. 

 

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call. 

We Could Learn This Lesson About Business Success From Amish Communities

Today, Paul brings an article from the Wall Street Journal about economic mobility and success in business from an unlikely place: an Amish community in Ohio. Listen along as Paul talks about how building a strong community that serves one another is a powerful tool that can unlock success in business, a deep sense of purpose, and the preservation of the American Dream.

 

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

Paul Shares Sales Pitches for Advisors From His Email Inbox

Today, Paul talks about the problem with investing being a sales-driven industry. Paul shares the constant barrage of emails from people hoping to pitch products and services that show up in his email inbox and explains how educated investors can usually spot when their advisors have fallen into common investing traps. 

 

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

How Do You Protect Yourself From Criminals Like Bernie Madoff?

Over the last few decades, there have been multiple instances of investors getting caught up in massive frauds and losing all of their money (i.e., FTX or Bernie Madoff). Paul got to address an investor's concern on OpenLine earlier this week. Today, he dives a little bit deeper into the topic and explains why investors start to abandon proven investing practices and get sucked into investing with bad actors. Later in the episode, Paul talks about a Forbes article that puts a big price tag on the American dream and why you should ignore articles like these as you think about your life goals and your true purpose for money. 

 

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

A Quick Guide to Buying Auto Insurance in 2024

Insurance prices keep going up, pushing people who have been very loyal to their insurers to look for better coverage at a more affordable price. Today, Paul provides a quick guide to buying auto insurance in 2024, where he covers the difference between captive and brokerage companies and the factors that influence the cost of your insurance, then shares a major misconception that many have about their insurance companies.

 

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

You Don’t Have To Be Able To Predict the Future To Be a Successful Investor

Paul brings up a principle that most investors know, but few actually abide by: You don’t have to be able to predict the future to be a good investor. Listen along to hear how market timing sneaks into every aspect of investing and always results in investors taking too much risk for too little reward. Paul segues into a conversation about a fossil fuel alternative that could easily change the landscape of energy production, possibly lowering energy costs for companies and giving way for more profits and returns for shareholders.

 

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

Roth Conversions Are Tricky. Did This Financial Columnist Get It Right?

An investor reaches out to a financial columnist because his advisor told him to ditch the Roth Conversion in retirement and just take his family on a cruise instead. Today, Paul examines both the advisor and the columnist’s advice and talks about why people in retirement can get enticed by the idea of tax-free money without considering their current marginal tax rate. 

 

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

Government Announces 2.5% Increase to Social Security Benefits in 2025. Is It Enough?

It is very difficult to calculate how inflation affects consumers because Americans are purchasing different products in different parts of the country. Today, Paul talks about a 2.5% raise in the COLA for 2025 and the trouble consumers are having keeping up with rising insurance and grocery store prices. Listen along as Paul shares some insight on how retirees feel the pressure of inflation and how some investing strategies can make it even worse. Later in the episode, Paul talks about emergency funds and what happens when you start to play games with your emergency fund by trying to get market returns through bonds or fixed-income investments.

 

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.